Average implied volatility across the listed chain right now: 208%. Implied volatility measures how big a price swing the options market is pricing in — there is no fixed “normal” level, it varies a lot by stock.
Nearest listed expiry only. Calls above the line, puts below — clusters mark strikes where the market has built up the most open positions.
The “volatility smile”: strikes far from the current price often price in richer implied volatility than at-the-money strikes.
| Expiry | Strike | Last | Bid/Ask | Volume | Open interest | IV |
|---|---|---|---|---|---|---|
| 16 Oct 2026 | $3.00 | $0.05 | $0.00/$0.10 | 0 | 2,035 | 79% |
| 16 Oct 2026 | $2.00 | $0.80 | $0.45/$0.80 | 0 | 741 | 0% |
| 16 Oct 2026 | $4.00 | $0.00 | $0.00/$0.05 | 0 | 1,428 | 78% |
| 16 Oct 2026 | $1.00 | $1.80 | $1.40/$2.15 | 0 | 7 | 378% |
| 16 Oct 2026 | $5.00 | $0.00 | $0.00/$0.10 | 0 | 1,443 | 120% |
| 16 Oct 2026 | $6.00 | $0.00 | $0.00/$0.05 | 0 | 111 | 153% |
| 16 Oct 2026 | $7.00 | $0.00 | $0.00/$0.25 | 0 | 402 | 180% |
| 16 Oct 2026 | $8.00 | $0.00 | $0.00/$0.10 | 0 | 64 | 203% |
| Expiry | Strike | Last | Bid/Ask | Volume | Open interest | IV |
|---|---|---|---|---|---|---|
| 16 Oct 2026 | $3.00 | $0.25 | $0.00/$0.75 | 0 | 377 | 43% |
| 16 Oct 2026 | $2.00 | $0.00 | $0.00/$0.05 | 0 | 76 | 71% |
| 16 Oct 2026 | $4.00 | $1.20 | $1.05/$1.80 | 0 | 114 | 309% |
| 16 Oct 2026 | $1.00 | $0.00 | $0.00/$0.75 | 0 | 1 | 210% |
| 16 Oct 2026 | $5.00 | $2.20 | $1.30/$4.40 | 0 | 0 | 672% |
| 16 Oct 2026 | $6.00 | $3.20 | $2.60/$3.80 | 0 | 2 | 0% |
| 16 Oct 2026 | $7.00 | $4.20 | $3.60/$4.80 | 0 | 0 | 0% |
| 16 Oct 2026 | $8.00 | $5.20 | $4.60/$5.80 | 0 | 0 | 0% |
Open interest = contracts currently outstanding (not yet closed out). Higher open interest generally means a strike/expiry is more actively traded and easier to get in and out of.
No comments yet — be the first to weigh in on OGG.